Archive for May, 2010
More Gunns takeover speculation
A financial analyst says it is possible a large company is launching a takeover bid for Tasmanian timber company, Gunns.
iPad sales top two million
Sales of the Apple iPad have passed two million since its launch almost two months ago.
Floodwaters reach Birdsville track
Waters flowing south from recent flooding in Queensland have now reached the Birdsville Track in outback South Australia, as they flow toward Lake Eyre.
Canberra records highest house prices
A new report suggests Canberra has the highest median home prices in the country.
BYO helmet for rental bikes
There is a new option for getting around central Melbourne. The city now has a bike share scheme.
Rick Hart vouchers considered individually
The receiver of electrical and whitegoods retailer Clive Peeters says it will consider whether it will honour Rick Hart gift vouchers on a case by case basis.
Australia shares set to open weaker on European woes
Share index futures YAPcm1 fell 17 points to 4,421, an 8.7 point discount to the 4,429.67 previous close of the underlying S & amp;P/ASX 200 index .AXJO. The index fell 0.6 percent on Monday to cap the market’s worst monthly performance in more than a year and a half.
The Aussie Economy: No Pressure For Rate Rise/ Markets
No evidence from yesterday’s economic data flow for the & #160;Reserve Bank board & #160;to do anything but & #160;leave & #160;interest rates steady at its June meeting today.The figures & #160;confirmed the economy seems to have been going & #160;OK in the March quarter with a nice rise in business inventories, reasonable rises in [...]
ASIA: India Growing Strongly, Japanese, Korean IP Up
India has joined China in the front ranks of the world’s fastest growing economies.It confirmed yesterday that its economy grew strongly in the three months to March and for the financial year ending the same month.The Indian government said growth jumped to an annual rate of 8.6% in the March quarter, which boosted the financial [...]
Healthcare Action Continuing
More action in healthcare yesterday with Sigma granting its South African suitor, Aspen, due diligence rights and & #160;Healthscope revealing that it’s now the most popular girl at the dance, with two more & #160;takeover offers.Healthscope, which is our second largest & #160;private hospital operator, said both new bids were & #160;at a price of [...]
